Integrated Resources busy on B.C. property

Edmonton-based Integrated Resources (ASE) has started an exploration program on the company’s properties near Telegraph Creek in northwestern British Columbia. Work completed last fall on the properties located six separate zones of gold mineralization with grab sample grades ranging from 0.67 to 1.21 oz. gold per ton across widths of up to 4.1 ft. in sulphide-rich shear zones and quartz-sulphide veins.

The company says the federal government has approved an application to “grandfather” its $500,000 flow-through share offering to include a 30% Canadian Exploration Incentive Program grant which would have been available under the CEIP program before its cancellation by the federal government on Feb. 20. Approval of the grant was based on the fact that the company’s directors had approved terms of the share offering on Jan. 20, prior to the cancellation of CEIP.